Solution Dynamics increases full year profit projection

Solution Dynamics Limited has increased its full year profit projection from $250,000, to $300,000.

The company says the combination of contracts won, and a recent software licence sale in Australia, means it expects to finish ahead of the original budget, and so has increased its outlook.

The company says trading for the first three months of the 2014 financial year has been on track, and although there are some risks around the latest forecast, it's an achievable target and the new business pipeline is strong.